Nigerian billionaire Abdul Samad Rabiu climbs to fourth richest in Africa as fortune hits $11.3 billion
Abdul Samad Rabiu has climbed to fourth place among Africa’s richest individuals after his wealth surged to $11.3 billion
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Abdul Samad Rabiu has climbed to fourth place among Africa’s richest individuals after his wealth surged to $11.3 billion
BUA Group signs MoU with AD Ports Group and MAIR Group to develop sugar refining and logistics hub in UAE
ARM founder Patrice Motsepe has given up executive duties and will serve as non executive chair as the miner reshapes leadership.
Aliko Dangote refinery supplied 62 percent of Nigeria petrol demand in January 2026, overtaking imports in a major energy milestone.
Patrice Motsepe Sanlam Private Equity has taken majority control of Medhold, signaling renewed investment in Southern Africa healthcare sector.
Kanye West is set to perform in India for the first time, marking a major moment for the country’s booming live music scene.
Kofi Nsiah Poku says Ghana’s 24 Hour Economy will succeed only if industry leads with strong infrastructure and financing support
Flutterwave CEO Olugbenga Agboola joined a $22 million round for Terra Industries, a Nigerian defense tech startup expanding into high risk Sahel markets.
Michael Jordan’s 23XI Racing captures the Daytona 500 as Tyler Reddick secures victory in NASCAR’s biggest race
Swiss private bank Pictet is opening in South Africa after regulatory approval, betting Africa’s wealthy class will drive more cross border investment.
Amni says a court order in its Cenroc dispute does not place the firm in receivership and insists operations continue normally.
Cell C says its assets now exceed liabilities, a milestone after Blue Label’s Brett and Mark Levy bought in and funded a painful turnaround.
Globacom donated N1 billion to the Lagos State Security Trust Fund, a major boost tied to founder Mike Adenuga’s long record of big giving.
Femi Otedola toured the Dangote refinery and said capacity could expand to 1.4 million barrels a day, calling the project “history made.”
Meya Mining secured a $25 million Ecobank facility that Trustco says will fund new equipment and speed diamond output in Sierra Leone.
A report says Jeffrey Epstein explored a Nigerian crude deal in 2010 but pulled back, telling an associate he feared being defrauded.